{"id":4099,"date":"2026-11-10T10:03:49","date_gmt":"2026-11-10T05:03:49","guid":{"rendered":"https:\/\/ipp-news.com\/?p=4099"},"modified":"2026-11-10T10:03:49","modified_gmt":"2026-11-10T05:03:49","slug":"fbi-looking-into-allegations-involving-nvidia-ceo-trump-says","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=4099","title":{"rendered":"FBI looking into allegations involving Nvidia CEO, Trump says"},"content":{"rendered":"
\n

US President Donald Trump<\/u><\/a> said on Monday the FBI was looking into Nvidia CEO \u200cJensen Huang\u2019s affair with a Chinese businesswoman alleged to be a spy for Beijing.<\/strong><\/p>\n

Trump said he \u201cwas amazed<\/u><\/a>\u201d by allegations about Huang, among the president\u2019s closest allies<\/u><\/a> in Silicon Valley.<\/p>\n

Trump said he had spoken to the CEO, who told him that he had no idea that the woman was a spy.<\/p>\n

\u201cI know the FBI is looking into it,\u201d Trump said. \u201cI think that he\u2019ll be in good shape,\u201d he added.<\/p>\n

Nvidia shares closed down more than \u200b4% on Monday after the company\u2019s board launched an internal investigation<\/u><\/a> into whether Huang had been targeted by a foreign intelligence effort.<\/p>\n

The probe, announced on Sunday, has put a \u200bspotlight on 63-year-old Huang\u2019s future given Nvidia\u2019s status as the world\u2019s most valuable chipmaker and the CEO\u2019s role<\/u><\/a> as the most prolific salesman of \u2060the AI boom.<\/p>\n

Huang told Nvidia\u2019s employees, opens new tab<\/u><\/a> that he had been unfaithful to his wife, without disclosing details of the relationship.<\/p>\n

The leather-jacketed Huang enjoys rock-star status worldwide, particularly in Asia, where he \u200boften mingles freely with fans, taking selfies and signing autographs for his devoted followers.<\/p>\n

He is Nvidia\u2019s fifth-largest shareholder with a roughly 3.6% stake, according to LSEG data, and keeps a tight \u200bgrip on the company through an unusually flat structure in which dozens of executives report directly to him.<\/p>\n

But unlike Mark Zuckerberg\u2019s Meta Platforms or Elon Musk\u2019s<\/u><\/a> SpaceX, Nvidia has no dual-class shares that would give co-founder Huang majority voting control.<\/p>\n

The New York Times<\/em> reported that Trump was briefed on Huang\u2019s relationship with the woman and that she was giving information to the Chinese government, and that the president chose not to act on \u200bthe information.<\/p>\n

\u201cThe so-called Chinese spy narrative is purely a groundless accusation, slander, and a smear,\u201d Chinese Foreign Ministry spokesperson Guo Jiakun told reporters in Beijing.<\/p>\n

Huang\u2019s relationship with Trump has coincided with \u200bseveral favourable policy developments for the company, and the president has lavished Huang with praise, awarding him the nation\u2019s highest honour for scientific achievement in October.<\/p>\n

The same day Trump gave Huang the award, \u200cthe president disclosed buying<\/u><\/a> \u2060up to $1.6 million and selling up to $1 million of Nvidia shares during the summer.<\/p>\n

<\/a>\u2018Not an ordinary CEO\u2019<\/strong><\/h3>\n

Nvidia said its board has confidence in Huang, thought by many on Wall Street to be the most important person underpinning the AI trade.<\/p>\n

Analysts acknowledged uncertainty around succession, but most do not expect the investigation to result in the longtime CEO stepping down.<\/p>\n

\u201cNvidia is not an ordinary company and Jensen is not an ordinary CEO<\/u><\/a>; he is Nvidia, clearly sets the long-term strategy and direction, and pulls most of the company\u2019s strings himself,\u201d said Stacy Rasgon, an analyst at \u200bBernstein.<\/p>\n

Nvidia shareholders were quick to sue<\/u><\/a> Huang and the \u200bcompany in a proposed class action \u2060on Monday, accusing them of defrauding shareholders by concealing Huang\u2019s ties with a suspected Chinese spy.<\/p>\n

Lawmakers and advocates told Reuters that Congress was more likely to pass<\/u><\/a> legislation to tighten China\u2019s access to AI chips in light of news of Huang\u2019s relationship with a suspected Chinese intelligence agent.<\/p>\n

US House \u200bof Representatives Democratic leader Hakeem Jeffries said on Monday that Congress needs more answers and called for the House to pass an annual \u200bdefence bill that includes \u2060restrictions on chip sales to China.<\/p>\n

The New York Times<\/em> reported last month<\/u><\/a> that Huang had a relationship with Alice Huang, an unrelated former executive of Singapore-based company Megaspeed, who US authorities investigated and concluded was a Chinese intelligence asset.<\/p>\n

Megaspeed did not respond immediately to a request for comment on Monday, a public holiday in Singapore.<\/p>\n

Alice Huang did not respond to the New York Times<\/em> last month when it \u2060first reported \u200bher relationship with Huang, and Reuters could not determine her location to seek comment on Monday.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

US President Donald Trump said on Monday the FBI was looking into Nvidia CEO \u200cJensen Huang\u2019s affair with a Chinese businesswoman alleged to be a spy for Beijing. Trump said he \u201cwas amazed\u201d by allegations about Huang, among the president\u2019s closest allies in Silicon Valley. Trump said he had spoken to the CEO, who told him that he had no idea that the woman was a spy. \u201cI know the FBI is looking into it,\u201d Trump said. \u201cI think that he\u2019ll be in good shape,\u201d he added. Nvidia shares closed…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-4099","post","type-post","status-publish","format-standard","hentry","category-english"],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/4099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4099"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/4099\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}